Textainer Group Holdings (TGH) Declares $0.24 Quarterly Dividend; 6.7% Yield

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Textainer Group Holdings Limited Reports First-Quarter Results and Declares Quarterly Dividend

May 4, 2016 9:03 AM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Textainer Group Holdings Limited (NYSE: TGH) (Textainer, the Company, we and our), one of the worlds largest lessors of intermodal containers based on fleet size, reported first-quarter results.

Financial and Business Highlights

Lease rental income of $122.1 million for the quarter, a decrease of 5.6 percent from the prior year quarter; Net loss attributable to Textainer Group Holdings Limited common shareholders of $3.4 million for the quarter, or $0.06 per diluted common share; Adjusted net income(1) of $6.4 million for the quarter, or $0.11 per diluted... More